According to the public record, 22, Hedley Close, South Shields is a mid-century freehold house with 1,054 ft2 of internal area and sits on a 98.4 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Hedley Close, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
22, Hedley Close, South Shields has 41 entries in the Land Registry database, most recently in March 2018 and a single entry in the EPC database dated July 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 22 Hedley Close South Shields as £121,766 and the rental value as £676 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 22 Hedley Close South Shields has increased by £2,547 (2.1%) and its rental value has increased by £62 per month (9.2%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 22, Hedley Close, South Shields is in very good condition we estimate a sale value of £127,854 and rental value of £709 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,242 and a rental value of £628 per month.
If you were able to purchase this property for the estimated value of £121,766, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £598 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 22, Hedley Close, South Shields sits on a plot of 98m2.
We have plot size data on 13 out of 44 other houses in the postcode and 22, Hedley Close, South Shields sits on the 12th largest plot.
According to HM Land Registry, 22, Hedley Close, South Shields was last sold on 09 Mar 2018 for £71,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Mar 2018, the market for similar properties has risen 32.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Hedley Close, South Shields within a radius of 550 metres over the last 2 years.
The most recent example is 12, Cleveland Court, South Shields, NE33 2DY, a Freehold house which sold for £109,950 in Apr 2022.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hedley Close, South Shields, NE33 has a total of 63 addresses. According to our analysis of all the public data, 22, Hedley Close, South Shields is the 8th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in NE33.
22, Hedley Close, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jul 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 22, Hedley Close, South Shields is Northumberland Park (Tyne & Wear) station which is 6.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 22, Hedley Close, South Shields, 42.7% of property is socially rented and 33.9% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 22, Hedley Close, South Shields, 19.8% of residents are recorded as possessing school level qualifications and 21.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 22, Hedley Close, South Shields, the average age was 41.4 and the most common age was 42.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 22, Hedley Close, South Shields, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 22, Hedley Close, South Shields, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.